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Orion, MI September 12, 2006�Cobasys, a leader in advanced, integrated energy storage system solutions, announced today that it was selected by Enova Systems to provide its NiMHax� battery system for integration into service vans for a major North American fleet operator.
Cobasys will supply Enova with its powerful, light weight, compact, liquid-cooled NiMHax 336-70 battery system along with installation and technical support for this commercial truck application. This battery system, featuring patented Nickel Metal Hydride (NiMH) technology, is part of Cobasys� standard pack architecture designed to be a fully integrated �plug-and-play� package for easy installation into hybrid electric vehicles (HEV).
The NiMHax battery system utilizes Cobasys� flexible high power Series 1000 battery modules and incorporates all necessary features that enable �plug-and-play� capability for easy installation into hybrid electric vehicles. System features include: fully integrated battery management system hardware and software, redundant safety controls, packaging, wiring, and thermal management based on a newly developed liquid cooling system that optimizes high power HEV performance. Fully integrated control algorithms have also been implemented to help optimize the energy management functions and product durability.
�We are delighted to partner with one of the leading developers of hybrid power technology management systems.� Scott Lindholm, Vice President of Sales, stated, �At Cobasys, we have developed a flexible modular product strategy based on a common system architecture, thus expediting our transportation customer�s time to market. We look forward to assisting in the expansion of commercial hybrid vehicle offerings and are pleased to have been acknowledged by Enova Systems as a leader in advanced energy storage technology.�
The Enova hybrid drive system, along with the Cobasys� battery technology, is expected to offer numerous benefits for their customers including improved fuel economy, reduced greenhouse gases and other harmful emissions, greater operating range, reduced noise levels and reduced overall vehicle operating costs.
Mike Staran, Enova�s Vice President of Marketing stated: �Enova is excited about moving forward with Cobasys' advanced Nickel Metal Hydride battery system. The system's attractive size and configuration lends itself to the aggressive packaging constraints that are faced in this market segment."
Cobasys designs and manufactures advanced energy storage system solutions for transportation markets, including Hybrid Electric Vehicles (HEV), Electric Vehicles (EV) and 36/42 Volt applications, and to Stationary markets, including Back-Up power supply systems for Uninterruptible Power Supply (UPS), Telecom and Distributed Generation markets.
Cobasys, is a joint venture between Chevron Technology Ventures LLC, a subsidiary of Chevron Corporation (NYSE: CVX) and Energy Conversion Devices, Inc. (NASDAQ: ENER).
For more information about Cobasys, contact Ray Wagner at 248-620-5700 or visit our website at www.cobasys.com.
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